IBM plans to replace 7,800 jobs with AI over time, pauses hiring certain positions
IBM plans to replace 7,800 jobs with AI over time, pauses hiring certain positions
IBM CEO Arvind Krishna says he could see 30% of back-office functions replaced by AI over 5 years.
I have a feeling that this wont evolve as Mr Arvind expects it to evolve...
Pretty sure it will evolve along those lines. AI isn't going to replace human workers entirely, but it will allow for drastically reducing the workforce in many domains. Companies will replace majority of the workers with AI services, and then leave a small skeleton crew that will be responsible for managing them. These people will manage business requirements, generate prompts, and then curate the content that the AIs produce.
This is another productivity multiplier. We have seen how similar changes have happened in the past during mechanisation, industrialisation of production etc. The problem is that AI is not good enough today. You still need people to supervise and these people need to understand the fine details of what is required. AI might be used to replace some jobs but what i thing will mostly be used for is to make existing production a lot more efficient.